Shown verbatim: the complete text as captured from the official page posted by the New Jersey Legislature, fetched 2026-08-28. Where this bill amends existing law, language marked for deletion in the official page appears here in brackets. This is the first reprint. The official bill page.
[First Reprint] ASSEMBLY, No. 2757 STATE OF NEW JERSEY 222nd LEGISLATURE PRE-FILED FOR INTRODUCTION IN THE 2026 SESSION Sponsored by: Assemblywoman ANDREA KATZ District 8 (Atlantic and Burlington) Assemblyman CLINTON CALABRESE District 36 (Bergen and Passaic) Assemblywoman ELLEN J. PARK District 37 (Bergen) Senator ANDREW ZWICKER District 16 (Hunterdon, Mercer, Middlesex and Somerset) Co-Sponsored by: Senator Timberlake SYNOPSIS Requires transmission owners to join regional transmission organizations approved by Federal Energy Regulatory Commission. CURRENT VERSION OF TEXT As reported by the Assembly Telecommunications and Utilities Committee on June 15, 2026, with amendments. An Act concerning electric transmission facilities and supplementing Title 48 of the Revised Statutes. Be It Enacted by the Senate and General Assembly of the State of New Jersey: 1[1. As used in P.L. , c. (C. ) (pending before the Legislature as this bill): “Affiliate” means any individual or entity that directly or indirectly controls, is under common control with, or is controlled by a public utility. “Electric public utility” means a public utility, as that term is defined in R.S.48:2-13, that transmits and distributes electricity to end users within the State. “Electric transmission facility” means an interconnected group of electric transmission lines and associated equipment for moving or transferring electric energy in bulk between points of supply and points at which it is transformed for delivery over the distribution system lines to consumers or is delivered to other electric systems. “Rate pancaking” means the practice of multiple transmission providers charging customers multiple, duplicative transmission charges for electricity deliveries crossing multiple transmission systems. “Transmission entity” means an entity approved by the Federal Energy Regulatory Commission to serve as a regional transmission organization, independent system operator, or functionally-similar entity. “Transmission owner” means the owner or operator of an electric transmission facility. “Transmission owner” includes, but is not limited to, an electric public utility. “User” means any entity or affiliate of that entity that buys or sells electric energy in the transmission entity’s region or in a neighboring region.] 1[2. a. Notwithstanding any law, rule, regulation, or order to the contrary, no transmission owner shall own or control an electric transmission facility located in this State on or after the effective date of P.L. , c. (C. ) (pending before the Legislature as this bill) unless that transmission owner is a member of, and transfers control of those electric transmission facilities to, one or more transmission entities that are operational and meet the specifications outlined in subsection b. of this section. b. A transmission owner located in this State shall be in compliance with this section if each transmission entity of which the transmission owner is a member meets all of the following specifications: (1) the transmission entity is approved by the Federal Energy Regulatory Commission; (2) the transmission entity separates control of electric transmission facilities from control of electric generation facilities; (3) the transmission entity implements, to the extent reasonably possible, policies and procedures designed to minimize rate pancaking within the State; (4) the transmission entity improves service reliability within the State; (5) the transmission entity achieves the objectives of an open and competitive electric generation marketplace, including the elimination of barriers to market entry and the preclusion of control of bottleneck electric transmission facilities in the provision of electric retail choice; (6) the transmission entity is of sufficient scope or otherwise operates to substantially increase economical supply options for consumers; (7) the governance structure or control of the transmission entity is independent of the users of the electric transmission facilities, and no member of the transmission entity’s board of directors has an affiliation with a user during the member’s tenure on the board, such as to unduly affect the transmission entity’s performance; (8) the transmission entity operates under policies that promote positive performance designed to satisfy the electricity requirements of customers; and (9) the transmission entity is capable of maintaining real-time reliability of the electric transmission system, ensuring comparable and non-discriminatory transmission access and necessary services, minimizing system congestion, and further addressing real or potential transmission constraints.] 1[3. The Board of Public Utilities may adopt, pursuant to the “Administrative Procedure Act,” P.L.1968, c.410 (C.52:14B-1 et seq.), rules and regulations as may be necessary for the implementation of P.L. , c. (C. ) (pending before the Legislature as this bill).] 11. The Legislature finds and declares that: a. The reliable operation of the electric transmission system is essential to the health, safety, and economic welfare of the residents of the State and to the State’s ongoing response to the electricity affordability emergency declared by the Governor; b. The regional coordination of electric transmission facilities, through entities approved by the Federal Energy Regulatory Commission (FERC) to serve as regional transmission organizations, independent system operators, or functionally-similar entities, promotes system reliability; c. Membership in such entities is necessary to provide regulatory certainty for transmission planning, protect the State’s investment in regional transmission infrastructure, and ensure that changes in the ownership or business strategy of any individual transmission owner do not disrupt the reliable operation of the State’s electric transmission system; and d. It is therefore in the public interest of the State to require each electric transmission facility located in New Jersey to be owned and operated by a transmission owner that is a member of, and has transferred operational control of those facilities to, an entity approved by FERC to serve as a regional transmission organization, independent system operator, or functionally-similar entity.1 12. a. As used in this section: “Electric transmission facility” means an interconnected group of electric transmission lines and associated equipment for moving or transferring electric energy in bulk between points of supply and points at which it is transformed for delivery over the distribution system lines to consumers or is delivered to other electric systems. “RTO” means an entity approved by the Federal Energy Regulatory Commission to serve as a regional transmission organization, independent system operator, or functionally-similar entity. “Transmission owner” means the owner or operator of an electric transmission facility. b. Notwithstanding any law, rule, regulation, or order to the contrary, a transmission owner located in this State on or after the effective date of P.L. , c. (C. ) (pending before the Legislature as this bill) shall be a member of, and transfer control of any electric transmission facilities that it owns or operates to, an RTO. c. The Board of Public Utilities may adopt, pursuant to the “Administrative Procedure Act,” P.L.1968, c.410 (C.52:14B-1 et seq.), rules and regulations as may be necessary to implement this section.1 1[4.] 3.1 This act shall take effect 1[immediately] on January 1, 20271.
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